On the recordMay 15, 2018
I thank my good friend, the sheriff in a neighboring county, for bringing this and putting this on tonight. I think it is great that he is doing this because we need to highlight the successes that we have had. All across the country, America sees the benefits of lower taxes from the GOP Tax Cuts and Jobs Act. We are hearing about the tax cuts that benefit hardworking families and those that are benefiting the business community to grow our economy all across the Nation. But here in Florida, the average family of four is saving $2,069 due to the Federal tax reductions. That is $2,000 they didn't have before that they can use for retirement, college, unplanned expenses, or to invest back into the Florida economy. In addition to the personal cuts to Federal taxes, businesses across the country are giving their tax cuts back to their employees in the form of bonuses, retirement benefits, family leave, and increased pay. {time} 1945 We see this in millions of jobs across the Nation. I have never seen this before. I am 63 years old. I remember the `86 tax cut when Ronald Reagan and the Republicans did it then. This has been so much more significant, and the impact on the economy is multiples of that.…
Source
govinfo.gov




